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Kitron wins another £7 million contract to expand its presence in industrial automation

$KIT (-0,73 %)

(06.06.2025) Kitron has signed a major manufacturing contract with a leading

leading customer in the industrial automation industry. The agreement covers

electronics manufacturing for a new generation of powerful drive

drive modules for automation and motion control systems.


The contract, with an annual value of around EUR 7 million, represents a strategic

strategic expansion of the partnership and offers scope for further volume growth in the

in the coming years.


Under the terms of the agreement, Kitron will offer complete box build

Kitron will offer complete box build services from its European locations and supply high-quality, highly complex assemblies

tailored to demanding industrial environments. The start of production is

planned for the fourth quarter of 2025


. "Our ability to meet the stringent requirements of advanced automation systems

was critical to this success," said Mindaugas Sestokas, VP Central Eastern Europe.

"Following our recent success in connectivity, this agreement reflects

reflects the continued momentum in creating long-term value in various industry segments

. Our focus on quality, technical expertise and long-term

collaboration continues to pay off."


The agreement reinforces Kitron's strong position in the industrial market sector,

where automation and digital control technologies continue to drive demand for robust and

drive demand for robust and scalable manufacturing solutions.


https://tools.eurolandir.com/tools/Pressreleases/GetPressRelease/?ID=7700135&lang=en-GB&companycode=n-kit&v=redesign

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10 Comentarios

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Strong company
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@Max095
Is also winning more and more orders in the defense sector. Especially in the construction of drones.
An important supplier for Kongsberg and Thales.
But it also supplies Saab and Rheinmetall
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@Tenbagger2024 but almost at ATH unfortunately 🙈
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@Max095 I got in a few days ago with a small tranche and will buy more if it falls. Otherwise let it run 🙂
1
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@Johannes1993
Good plan.
Think will continue.
Europe is arming itself.
Good courses my dear
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@Tenbagger2024 hey my friend. What do you think of $WCC
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@Max095
Doesn't look bad at first glance but doesn't seem to be a racehorse either.
Maybe $ADDT B is something
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@Tenbagger2024 also strong. And impressive dividend growth
1
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@Max095
I don't think the Swedish companies are bad. And a little USA reduction can't be wrong either
1
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@Tenbagger2024 Yes, that's right. $ANDR is also on my radar at the moment
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